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DITHF - DS Smith: Potential Value With A Deal Or No Deal
D S Smith Plc
2024-06-20 07:07:38 ET
Summary
DS Smith is a takeover target, with Mondi and International Paper making bids for the company.
DS Smith shares are currently trading at a 20% discount to their implied value under the terms of the deal with International Paper.
Despite uncertainty about the deal proceeding, DS Smith's strong financial performance and attractive valuation make it a "buy" in the author's opinion.
Paper and packaging company DS Smith ( DITHF ) has been in the financial headlines over recent months....